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CryptoPatel
May 27, 2022 5:11 AM

DXY Chart Update (What is Correation With Bitcoin ) Short

U.S. Dollar Currency IndexTVC

Description

#DXY Chart Analysis:-

DXY currently trading at $101.5

Now DXY seems Bearish so This is good for Bitcoin.

Still Holding SuperTrend Support.

Support 1 = $100 ( SuperTrend Support )

So Let’s see $100 Support hold or not.
If Hold Then we can see more Bearish on Bitcoin.

But If Failed to Hold $100 support then we can see #Bitcoin around $32800-$34000

Keep an eye on DXY Chart also.
RSI Break down from Overbought area.
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